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our deficit in a balanced way that allows us to make these critical investments. now, it ultimately will be up to the voters, to you, which path we should take. are we going to double down on the top-down economic policies that helped to get us into this mess? or do we embrace a new economic patriot. >> that says america does best when the middle-class does best. i am alonging ford that debate. >> reporter: governor romney, two minutes. >> thank you, jim. it's an honor to be here with you. and it's an honor to be here with the president. i appreciate the welcome of the university of denver and the presidential commission on these debates. congratulations to you, mr. president, on your anniversary. i am sure this is the most remantic place you can imagine -- here with me. congratulations. this obviously is a very tender topic. i had the occasion over the past couple of years of meeting people across the country. i was in dayton ohio, and a woman grabbed my arm and said i have been out of work since may. you can help me? yesterday in a rally in denver, a woman came up with a baby in h
losses, bigger unemployment and bigger deficits and more wars than president obama, was, by the failed policies of george w. bush. which resulted in directly, the greatest job losses since fdr. this is not easy and it is hard work but we are moving forward. >> let's talk about policies. we didn't hear in the hour and 25 minutes of debate anything about the stimulus package. if you look at the policy the trickle-down government policy as the governor described it, they represented below 6% unemployment now, after spending all of that money and had full charge of the first two years and the policies that this president put into place, actually made it worse. including the fact that obamacare is actually... employers, it is causing them not to hire and gas prices doubled and the middle class is buried under this administration and the vice president said it aptly and it is true. >> chris: let's turn to a couple of issues that came up in the debate. obviously the jobs report came out after the debate. both sides said the other candidate is lying about his position and let's start with taxe
that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of work and the proof one out of
president four years, you said you would cut the deficit in half. we still have trillion dollar deficits. >> five weeks before the election, he says his big idea is, never mind. >> if there is any good news for the president, it is that the unemployment rate dropped to 7.8%, from 8.1%, the lowest since he took office. we were on the ground in denver. jonathan, you said that romney took the if there is any good np republican diverging on panic. them? >> they are backing away from the edge. there is no question this was a make or break moment for governor romney. if he had not shown up like he did in denver, you would have seen a really ugly scene here. this puts them back in the game. it restores confidence among other people running for the house and senate this year who are now happy to be seated with him. it gives them a real boost when they desperately need it. he still hasit gives them a reat of swing states. this puts him back in the game, it turns around and narrative. i am curious to see the next wave. if he is closing the gap in these swing states, there will be pressure on presi
bigger unemployment, bigger deficits, more wars than president obama was by the failed policies of george w. bush which resulted in directly the greatest job losses since fdr. h is hot easy. in is hard -- this is not easy. this is hard work. >> we didn't hear in an hour and 20 minutes of debate anything about the stimulus package because if you look at the policy the trickle down government policy as the governor described it, they represented we would be below 6% unemployment now after spending all that money. the policies that this president put into place is actually made it worse including the fact that obama care is causing small employers not to hire because of rising healthcare costs. gas prices have doubled. the middle class is being buried under this administration. the vice president said it aptly and it is true. >> chris: let's turn to a couple of issues that came up during the debate. obviously the jobs report came out after the debeat. both sides saying that the other candidate is lying about h his position and let's start with taxes. governor, the president keeps saying that
on deficit reduction requiring the wealthy to pay more and more cutting in the federal government. >> you have 90 seconds. >> again, shame on you. you thought this campaign is going to be a coronation because you're a democrat and now you are in a serious race with a serious woman and you are desperate. therefore you raise these issues. my plan sites every word that i used from the brightest in the best to but my plan together. you would be better served to be putting a plan together. you need to be honest with the people of connecticut. you need to be honest about your special interest loans. to be honest about your attendance in washington. shame on you for taking this direction with this campaign. it is beneath you. and the people of connecticut deserve better. in my plan, i have referenced a tax cut for the middle class. my plan, if you take a look at it, absolutely keeps taxes the same across the board accept we're going to cut taxes for the middle class. my plan is the only one that has an actual middle-class tax cut. congressman murphy has voted to raise taxes on the middle class o
cut the deficit in half. and romney went on to say, unfortunately, he doubled it. first things first. the president did pledge shortly after he took office that he would cut the deficit in half by the end of his first term. did he? he did not cut it in half but he did not double i either. if you used the congressional budget office's projections for the deficit at the time the president took office, the deficit has dropped slightly. about 8%. if you use the fiscal year 2009, after months after he took office, it down by 25%. so there. >>> so there are countless reasons to spend time in san francisco this weekend and one of them is america's cup. nbc bay area's lawrence scott has a look. >> thank you so much. it was a tremendous day of racing. full of spills and chills and an action packed day. there is one champion crowned and another right on the doorstep. it was an absolutely wild day of racing on the america's cup series. oracle day spithill first punching its way to the finals. and then they find themselves upside down and out of action. but spithill and crew would right the ship
or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still have a trillions of dollars hole, and he hasn't named the deductions he would close. this is a shell game, john. whichever shell you pick up, the middle class loses. the economy will lose, and i think that this is going to catch up with him. >> schieffer: what did the president think of his performance? >> i think the president understands-- you know, the president is his harshest critic, and without getting into detail, i think you can assume he has reviewed the tape and it will inform how he handles these subsequent debates. >> schieffer: do you think he was ill prepared. some are saying it was the people who prepared him. you were in the room. >> i was one of th
, mr. president, looking at this year 's budget you will have $1 trillion deficit. he said i have not done anything yet. >> we cannot keep looking our children in the i knowing that we are going to give them a diminished future because we are spending their money today. it is a very simple idea. mitt romney and i will bring it to washington. we have got to spend -- we have got to quit spending money we do not have it. we must cut spending. we must get the debt under control. >> next thursday night, paul ryan and joe biden will face off in their only debate. you can watch and engage with c- span with our live debate it previous starting at 7:00 followed by the debate at 9:00. your reaction, calls, and tweets. following our coverage at c- span, c-span radio, and c- span.org. >> sunday, an interview with ross perot by richadr wolf. he talks about the economy, the debt, and how it has changed since his campaign in 1992 and 1996. >> i told you, i do not want to until i go broke, you would say, whether you talking about? that is what you just said but and polished turns -- recession. he
taxes, you have the deficit being dealt with in an insane way, at least being dealt with, i'm not so sure the markets are going to implode-- >> you don't think, you think the markets will whistle past this. >> at least they're going to say something is going on. at least they're doing something. >> and anyway, right. >> it's going to hurt the economy long-term no doubt. >> the it's the federal reserve behind the market. >> what about the notion that maybe if there were stronger leadership from the white house we wouldn't have to take such a ham-fisted approach. in other words, how come there can't be an elegant solution, i can't get my way, you can't get your way, let's just destroy it all. >> interestingly enough goes back to obamacare, i think it has to do with the incredit mri high-handed autocratic way that mr. obama shoved through obamacare and they're saying we're not going to cooperate at all. i think had there been a spirit of cooperation coming out of the white house with obamacare, all of this would not have happened. >> if i may-- >> adam. >> i think that's sort of of sill
, the problem of running deficits and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been docto
wants to see president obama. he want to try to brinbring attention to the national deficit and offering it up to help pay off the national deficit. >> the son of the trouble was campaigning on friday. joining volunteers at the republican had p headquarte in ohio. with the new license headquarters. and also sharing energy tips and sharing information about his father. the next presidential debate is on october 15th new york and next week, joe biden and paul brien will take the stage. and kron 4 will have that life. go to our new channel. comcast 193 for the latest news, weather and traffic updates and to watch all the presidential speeches. uninterrupted. and on digital 4.2. this radical moslem terror charges are in new-york. these men were extradited from england. he is facing charges of consume conspiracy. d in oregon. christine has more. >> radical extremists and four other men are right in the u.s. early saturday from london. they are facing terror charges went london saying that they could be extradited and immediately. some of these men are being held at the manhattan correctional
reagan and he called the program to do economics and it was and it is he. we are facing massive deficits. this administration has chosen to ignore it. the president has failed to put forth a plan to deal with the deficits. if everything believes that everything is coming up roses, perhaps the vice-presidential join me as i traveled around the country and speak to people. people in pennsylvania are not happy with what is happening to the economy. people in youngstown, ohio have stores boarded up because the economy is not doing well. it is not only the old industries, it is also the new ones. and the san jose, calif. they are complaining because they cannot export their high-tech quality to japan and other countries. people in the northwest are complaining about what is happening to the timber industry and the agricultural industry. things are not as great as the administration wants you to believe in their television commercials. my feeling quite frankly is that i have enough experience to see the problems, address them, and make the tough decisions with reference to the problem. >> desp
creating jobs in the united states or closing the deficit in a responsible, balanced way that allows us to invest in our future, all of those things are designed make sure that the american people, their genius, their grit, their determination... is channeled and they have an opportunity to succeed. everybody's getting a fair shot. everybody's getting a fair share and playing by the same rules. you know, four years ago, i said that i am not a perfect man and i wouldn't be a perfect president. that's probably a promise that governor romney thinks i've kept. but i also promised that i would fight every single day on behalf of the american people, and the middle class and all of those who striving to get in the middle class. i have kept that promise. if you will vote for me, then i promise i will fight just as hard in a second term. >> jim: governor romney. >> thank you, jim. mr. president. thank you for tuning in this evening. thanksgiving an important election. i am concerned about america. i am concerned about the direction america has been taking over the last four years. i -- i know t
for that revenue, and if you don't close $4.8 trillion in those loopholes, two things happen, either the deficit goes up, or more likely is the middle class is going to see their taxes go up. >> but he's saying, as you know, robert, he's stating unequivocally that he will not push the tax cuts if they increase the deficit and that he will not push them if they force back increases on the middle class. >> well, then he has -- then he's got no economic theory. then he's walked away from 18 months of what the whole campaign has been about. but, george, we've seen this movie before where people say, oh, don't worry. it's all going to get paid for. it's fine. when you ask him what loopholes will you close specifically for wealthy earners to help pay for the $4.8 trillion in reduced revenue, there's no answer. i mean, let's be clear. paul ryan a week ago was asked about the math for this, and paul ryan, said, look, the math takes too long. well, mitt romney's solution is he just decided there wasn't math involved in this problem, and that's absolutely crazy. look, the only thing he outlined that he wo
promise to get our spending under control by cutting the deficit in half. he was so confident that shortly after taking office president obama said he would fix the economy in three years or face a one-term proposition. today he has broken the promises. his words have no credibility. host: that was the republican weekly address. ralph from the main joins us on the independent line. caller: i was born in 1950, 61 years old. i have gone through all kinds of things. my dad was in the service -- i have had two fathers. i am taking care of my mother now who is just getting one cut back after another through social security. medical benefits. i am not happy. i know what is going on. in the last five years i have taking care of her 24-7. i have had time to educate myself on what it is. until we understand who the enemy is, nothing will change and their plans will continue. there are manufacturing a war because global international banks and their lackeys have bankrupted the world. derivatives are nothing more than leverage. you have a situation where if you look and research it, the city of londo
. president, you are going to have a trillion dollar deficit. he said, i haven't done anything yet. >> we cannot keep looking our children in the eye knowing that we're going to give them a diminished future because we are spending their money today. we have got to stop spending we don't have. we must cut spending. we must get this debt under control. abc news martha reddick moderates. you can watch the debate. your action, calls, e-mails and tweets. follow our life coverage on radio, steve, and online at c-span.org. >> in 1984, democratic president mom knee walter mondale made history when he chose geraldiner ferraro as the first female on a major party ticket. . it's an hour and a half. >> good evening, i'm dorothy ridings, from the league of women voters. our panelists today is the national correspondent for u.s. news and world reports, jack white, correspondent for "time" magazine, norma quorrels, correspondent for nbc news, and a representative from eye knight-ridder newspapers. sandra van oker is our moderator tonight. >> thank you, dorothy. a few words about the order of our format
not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years romney has been campaigning on a tax cut that would cost around $5 trillion over ten years. romney said he would eliminate deductions and cut spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% of federal spending in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the dodd/frank bill and he repeatedly held up as a model his health care plan in massachusetts which has added center the individual mandate and on which obama care is based. romney's transformation did not happen overnight. the candidate has been reworking his stump speech. in a very smart analysis, npr pointed out romney has a five point stump speech. the first four points are actually identical to obama's stump speech. two, domestic energy, three, retraining programs, four, domestic. -- deficit reduction. on five they differ. i've long argued that romney is an intelligent man trapped in a party tha
not add a dime to the deficit. do you believe that? >> the honest answer, i don't think we know yet. most of the spending provision have not gone into affect yet and when they do it is experimental. >> it is not for the states emac who have to begin to set up the exchangings. there is no guarantee that obama care will be repealed and that it will not be in or out and states have to prepare right now . that costs money. >> it feels like a high school science project throw in the baking soda and soda and right in the taxpayer's face. medicaid and medicare are rising by 17 trillion over 75 years due to health reform. a quarter of the state's budget is toward medicaid . medicaid part of the budget rising x. four times faster. >> mark, even the democratic governors are worried. governor cuomo is saying that he doesn't have all of the cash necessary to set up the exchanges that are part of the whole plan and what are they going to do? these states are strap asked they don have the money? >> this is covered by the federal government. >> oh, yeah, how? >> they said they are going to pay it. >> is
be asked to testify whether or not psycho paths have affective deficits. absolutely they do. there has been hundreds of years of psychiatric research shows that they do. you have this two prong thing. on the one hand more dangerous if you release them and don't treat them. on the other hand, they're affectively different. there was a very nice article in the "new york times" magazine on mother's day about children who have these emerging traits and how we would develop and understand and treat them. it's a small percentage. my goal is to develop better treatment so they can keep them off that trajectory towards life course persistent problems. >> are you saying that people that have the brain structure that you have identified will always be lacking in volitional control or impulse receive to the extent that they are criminals? do we have a subset of people that are criminals because of their brains? >> i should really differentiate psychopathy from criminality. there are a lot of reasons why individuals engage in different criminal activity. it's a very small percentage of prisoners that a
to have a trillion dollar deficit. he said, i haven't done anything yet. >> we cannot keep looking our children in the eye knowing that we are going to give them a diminished future because we are spending their money today. it's a very simple idea. mitt romney and i are going to bring it to washington. we have got to spending money we don't have. we must cut spending. we must get a balanced budget. we must get this debt under control. >> this thursday night, congressman paul ryan and vice president joe biden will face off in a debate. you can watch and engauge with c-span with our life debate preview starting at 7:00 eastern. your actions, calls, e-mails, and tweets at 10:30 following our live coverage on c-span, c-span radio, and online at c-span.org. >> sunday a debate in the u.s. senate between linda mcmahon, republican, and representative chris murphy, democrat. รบ >> i will not raise taxes on middle income families. >> now he says five weeks before the election, his big, bold idea, is never mind. >> it's arithmetic. >> sunday watch the entire debate at noon eastern time, here on
. if congress is bound to kick the can on a decision about cutting spending and deficit control, change the can. come up with a condition for not making a deal that is actually palatable and not horrible for the economy like the current situation that we have. tell me how that would even happen? are there enough people like you and those who you are trying to work with who are actually still in office in washington to hammer out a more perfect compromise? >> i think those kind of people are in the house and the senate. i think they are talking with each other, but the problem is, ali, they're not getting support from their own leaders in the congress, republicans or democrats. they're not getting support from the white house. they're not getting support from the party base who insists on 100% solution in their favor, and the american people, the common-sense americans that i think are in the great majority have to rise up because that's the missing part of the airplane is the middle. the wings are flapping and making their voices heard but the middle is not, and that's got to happen because we
. >> and at a time when we have a $25 billion deficit and every social service you can name is getting cut, it is so important to have reporters in sacramento covering politicians, but also covering the activism that goes on that hardly gets attention. there was an incredible disability rights action at the california republican convention a few weeks ago. you should all cd video. you have people in wheelchairs get on the ground that had signs that said, "tax the rich." attendees: to get jobs, through coins at them, called them retards. we
of the conservative platform, upon which the gop now stands. the plan to slash the deficit by gutting social programs and his party is saying he built that. in the other corner, a granddaddy of the base. 29 years old, joe biden became one of the youngest people ever elected to the u.s. senate. he's been steep in the political gospel of the democratic party for 40 years. he's played key roles in u.s. foreign policy as a member and chairman of the foreign committee. middle east, southwest asia, the united states has been there in the last four decades. joe biden has too. of course, congressman paul ryan who chairs the house budget committee also likes to tout his foreign policy chops. >> i have more foreign policy experience coming into this job than president obama did coming into his. >> can you explain how do you have more foreign policy experience than senator obama did. he was on the foreign relations committee. >> norah, i voted to send men and women to war. i've been to iraq and afghanistan. i've met with our troops to get perspectives. i've been to the funerals, i've talked to the widows, talke
one loophole you'd close, you're not going to run up the deficit or taxes on the middle class. >> very quickly -- >> no, no. it goes back to bill clinton. >> there was a story out yesterday that that claim is fiction because you don't count the loophole closing. >> what loophole? >> he talked about mortgage interest. really quickly -- >> mortgage interest? >> he has never talked about mortgage interest. >> the hilarity that there is one -- >> we have one loophole. >> mike, finish, but then i want to get on to something else. >> the president says he wants to lower tax cuts to big corporations. how to pay for it? loopholes. what loopholes? nothing. we'll tell you after the election. you're attacking romney for the same thing. >> i want to talk about the gas prices. one thing that was striking, speaker gingrich, is what some were arguing about the actual numbers. jack welch made a lot of headlines with a tweet that said, unbelievable jobs numbers. these chicago guys will do anything. can't debate so they change the numbers without any substantiation. he was on "hardball" with chris matth
loophole that you would close, you're not going to run up the deficit and not going to run up taxes on the middle class -- it goes back to bill clinton. it's arithmetic. >> that claim is fiction, you guys don't count the loophole closing. >> name one loophole he said he would close. >> he's taurjed about mortgage interest. >> he's talked about mortgage interest? >> he's never talked about mortgage interest. >> you now have one loophole. we have one loophole. >> i'll pull back from this. >> the president says he wants to lower tax rates for big corporations, how do you pay for it? i'm going to close loopholes. what loopholes? nothing, i'll tell you after the election. you're attacking romney for doing exactly what your candidate is doing. >> economy, gas prices, one thing striking in the debate over jobs, is some in conservative corners were arguing about the actual numbers. jack welch had a tweet about unbelievable jobs numbers, the chicago guys will do anything, can't debate because they change the numbers. he was on "hardball" with chris matthews and this is how he explained what'
in which the congressional budget office announced the 2012 budget deficit came in at $11 trillion for a fourth straight year, turns out our out of control spending includes roughly $450 million given every year to the corporation for public broadcasting, $8 million of that going to, that's right, sesame workshop and big bird. it appears easy to dismiss millions of dollars when the government faces trillion of dollars in debt. the left may be cute with a call to end funding for public broadcasting, but here's the homework the left should have done before they and president obama began their reflective aattacks. they are $388 million in assets now. in merchandise sales alone, it brought in $45 million, five times what it received in government grants. that little cute sesame workshop turns out to be a moneymaker producing hundreds of millions of dollars. we take all of that up tonight with former george bush senior adviser carl rove, and as well, the unemployment rate falling to 7.8%, employers adding just 114,000 jobs. we're talking about that, and, yes, big bird too with the congr
of thousands of dollars in deficit and give free fares and people say they need to take it to school and that brings up a issue why aren't they going to neighborhood schools. we create more problems and we need to get to the root caused of the problems and as supervisor i will advocate for the school board that is in favor of neighborhood schools. >> thank you. mr. garcia. >> when i was school i took operation research and i was a math teacher and i found it difficult and it was area map and dhl, ups come into existence and had to deal with routing and i talked to him and we don't have that and that's one thing we should do and drivers not providing notice and not show up. that doesn't work well and it's difficult to weigh in on the issue of children should be provided with free passes. i think joel is right and why can't kids go to school in their neighborhoods and you have to weigh it in reality and whether children can eat or go to school on muni and that's a difficult choice and if we do it we should mean's test. >> all right. ms. gavin. >> well, it's very interesting. i thi
and muni says we have a deficit let's gouge the drivers. are you going to drive anywhere? no. you're going somewhere else and where is that revenue that we need? and by the way give free passes to youth and expand it from there, so we gill the gooses and shoot the drivers in the foot by digging a deeper hole for yourself and why don't we increase revenue and ticket the people that are riding muni and not paying? enforce that. >> thank you. mr. garcia. >> it sounds like i watch a lot of tv. there is a guy that appears on channel 26 when they do the board of supervisors and he has a wrap about silly hall. this is one of those silly things that we're doing. i think if you were to do cost benefit curves it probably cost the city money and when you ticket people so much for parking meters and have them inappropriate times and past 6:00 p.m. and on sundays and hurts businesses and therefore the net revenue to the city is less than it would otherwise and as far as variable rate parking i think that is a good idea. in some areas it's harder to find a meter and when you do you should
eisenhower's progressive conservative. he believed largely in a balanced budget and he was against deficit spending but he also believed the government had a positive role to play. the interstate highway system, which eisenhower -- which was eisenhower's brainchild. [applause] more money was spent on the intraday -- interstate highway system than the new deal from 1839 to 18 to 41 with zero impact on the budget because it was paid for through gasoline taxes. [applause] thethe st. lawrence seaway connecting the great lakes, opening the great lakes to traffic again had been on the drawing board since the administration of theodore roosevelt and eisenhower -- eisenhower took, assumed the presidency in a time of mccarthyism and incredible communist witchhunt. he did it as he did so many things in the background. it was eisenhower orchestrated the army's response in the army mccarthy hearings. i'm not going to get into a contest but that stunk. and when it was over mccarthy had him vanquished but i think it was the desegregation issue perhaps in which eisenhower most often underestimated. presi
to eliminate spending that doesn't work. we are ready to have a deficit reduction deal that is big, bold, and balanced. we also understand that in addition to spending cuts you go got to have revenue. hope that moderate republicans will be empowered to negotiate that with us for the good of the country. we have eight minutes left here.x >> congressman, you talked a little bit about that.xxx you know, when we come back and in november and to the capital, all of the congress, all the members of congress including some of the tea party members you hope to defeat this remember will still be here, will still be voting members until at least january, how do you navigate that if democrats are successful in november? >> time in thinking the day after. am focus on how to get into a position where we within the house of representative then we can reach out and cross the aisle and talk to moderate republicans and maybe even to some tea party republicans who have now bee been, have now learned the lesson firsthand as painful it may be that extremism is not a virtue. and maybe we'll be able to talk s
that does not work. we are ready to have a deficit reduction bill that is big, bold and balanced. but we also understand that and in addition to spending cuts coming up to have some revenue. and i hope that moderate republicans will be empowered to negotiate that with us for the good of the country. >> when we come back in november, all of the members of congress, including some of the tea party members to vote to defeat this year, will still be your, -- will still be here. how do you navigate that if democrats are successful in november? >> again, i am not really thinking about the day after. i am focused on how do we get to a position where we win the house representatives and then we can reach out across the aisle and talk to moderate republicans and maybe even to some tea party republicans who have now learned the lesson first hand, as painful as it may be, that extremism is just not a virtue. and maybe we will be able to talk some sense into them and get back to where we were in the debt reduction talks last august. three times, we had a debt reduction deal with john boehner on spen
of deficits and budget. bl >> belva: dan, what about the state? what shape will the state be in? because this is all about services to people. >> well, i think they'll be in a big pickle. they are going to be in a situation unless the economy picks up very dramatically and there are absolutely no signs that california is going to come to boom any time soon. then, what you are dealing with here is basically a state budget that is anywhere between 10% and 15% out of whack. that the revenues are 10% to 15% below their spending commitments. and that's going to be very, very painful. you're going to see it in a lot of things. but you know, there's -- on the other hand, and there is always another hand in politics, if he's successful and gets this thing passed, he also runs the risk of kind of a volatility. he's basically betting the state's future on a handful, basically, 150,000 california taxpayers, out of 38 million people, that they are going to do well enough to raise all this money that he thinks he's going have coming from this ballot measure. that's a little bit scary, too, particular
on the debt. the first thing he said was the issue of the debt and deficit is not just an issue of money it is an issue of morality. immoral to leave the debt to our children and grandchildren and i thought it was a strong statement and elevated the romney campaign above a kind of we can do a little better for your pocketbook next week than president obama can and put it in a bigger concept and elevated the race into who is the more are responsible steward of this country's finances and well being for the next generation. i thought it was a very important moment for mitt romney. >> geraldo: stand but youle join our all-star panel in a moment. first, news on fast and furious, folks. the botched atf gun running operation and news that hasn't been fully digested by the mainstream media. we know that one of the walked guns was used to kill agent brian terry but it took the spanish language news network to reveal that the walked guns were also used if you recall the horrific 2010 massacre of mexican teenagers in the border city of juarez. they broke into a birthday party and started firing an
dealer and he is a word about the deficits and how high interest rates will affect his job. every place i go see young children and parents and the -- this award are regard to do to reduce the nuclear arms race? i sat with the allen family who lived next door to a toxic dump her are very concerned that the toxics are seeping into the water they and their neighbors and drink. these people love their country. that is not the patriotism your saying in the commercials as you watch television these days. their patriotism is not only a pride in the country, but a price that is strong enough to me to the challenges of the future. when we find jobs for the 8.5 million people that are unemployed in our country, we will make our country stronger. that will be a patriotic act. we cut interest rates, young people come by houses. there is pro-family. there will be a patriotic act. we educate our children that there will be able to compete in a world economy, that is a patriotic act. romney stop the arms race and make this a safer world. that is a patriotic act. when we keep the peace. young men did no
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